Rebound in risk appetite rose AUD / USD 150 points

AUD / USD on Friday (October 14) rose by 150 points and breaking the 1.0300 mark, a month high of 1.0345 hit. G20 meeting to increase the Treasury days, the proposal to increase funding for the European countries to the crisis and China's CPI data down, strong U.S. retail sales weather, got the stock market and commodities to get a big boost, a willingness to to support Australian dollars.

In early Asian trading on the Spanish S & P rating lowered to AA from AA light pressure on the market sentiment, but then in China in September CPI fell by 6.1% per year, in line with expectations, noting that China may facilitate a further inflationary pressures, but also to reduce tensions on the market to emotions.

Chinese data, which is good news for the Australian dollar, Australian dollar, as China's economic growth outlook is closely related. AUD / USD rose again from this steady rise since bottoming in the upper and lower daily low of 1.0150 to break the 1.0200 mark.

Thursday Slovak Parliament approved the request for extension EFSF vote, followed by a talk by some EU officials expressed optimism about the European debt crisis, market risk appetite, the yen's safe-haven buying market is reduced gradually.

G20 finance ministers meeting Friday, European time, on a proposal to increase the size of IMF lending in the euro zone, China, Brazil and other emerging economies by the IMF to try captured, provide assistance to the debt crisis of the Euro zone. The message also significantly increase the confidence of the market.

Data released early to rise New York, U.S. retail sales in September rose 1.1% to 0.7% expected, U.S. September retail sales record in February 2011, the largest increase since greatly stimulated the positive sentiment in the stock market and commodities rose sharply.

European stock markets closed, or nearly 1% increase, the three major U.S. stock indexes more than 1.5%, crude oil futures rose more than 2%.

New York time, the German Finance Minister Schäuble said that the IMF has promised adequate instruments will surely convince EU summit to hit the market on the decision.

With the euro-zone sources Friday (October 14) that Germany and France has to solve in the euro zone debt crisis, a program to reach a consensus that the two countries, the program will contribute to the defense of the euro. The market expects to submit the European debt crisis EU summit concrete solutions.

From a technical point of view, although on Friday exchange rate rose to 61.8% retracement exceeded the pressure, but the point is to touch down trend line, trend line this week is expected to suppress the exchange rate will have some limitations.